What is Special Journal - Definition - Meaning - Explanation - Examples - Types
A Special Journal is used to record large number of Journal Entries related to An Account . Since these transaction occurred on daily basis and are numerous, so it is better to record these in a separate journal to record specialized journal entries related to that particular account. For example, if Goods sold for cash Rs. 5000 is a Business Transaction , then it is recorded in Cash Book as these are occurred on daily basis. Types of Special Journals / Examples of Special Journals 1. Cash Book 2. Purchase Day Book 3. Sales Day Book 4. Purchase Returns Book 5. Sales Returns Book 6. Petty Cash Book